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How the U.S. Housing Bust Cut College Enrolment and Shaped Careers for a Decade

Published on: Aug. 10, 2025, 10:11 a.m. | Source: Devdiscourse

The ECB–TBS Business School study finds that the 2008–2011 U.S. housing bust reduced college enrolment among homeowners’ children, especially mortgagors, in areas with steep price declines. This education loss persisted for a decade, lowering access to high-skill jobs and long-term household incomes.

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